The Court held, by 15 votes to two, that there had been no violation of
article 14 concerning prohibition of discrimination along with article 1 on
protection of property of the European Convention on Human Rights.
‘The absence of a legally binding agreement between the applicants renders
their relationship of co-habitation, despite its long duration, fundamentally
different to that of a married or civil partnership couple,’ the judgment
Joyce Burden, 89, and her sister Sybil, 82, of Marlborough, Wiltshire, have
lived together for their entire lives and cared for four relatives. They
inherited the house they currently share from their father, and have lived there
for more than 30 years.
The pair made wills that the first to die would leave their estate to the
surviving sister. However, under UK law, on the first death there would be an
inheritance tax of 40% of the value of the surviving sister’s share exceeding
the £312,000 threshold for the 2008/09 tax year.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals